Login ID:
Password:
Partner Login
Contact Us : 7066511911

Quality, Demand Drive New Guar Seed Prices, Gum Export 15,000 MT In September

17 Oct 2020 7:10 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

NEW DELHI (Commodities control) Mixed price trend prevailed in guar seed priced in various big and small mandis of Rajasthan, Gujarat, Haryana and Punjab. According to the traders, lower price range of guar seed usually improved in last couple of days due to better quality. Upper price range moved today in down side due to bearish tone of demand. As per latest information, 14191 MT guar gum powder and 725 MT guar gum split (Dal) was exported in September, 2020.


Today guar arrival remained weaker due to beginning of auspicious Navratri and weekend. Guar seed arrival has covered all across mandis of Rajasthan. Late sown crop also began in newer areas however, arrival was very little. It was estimated to only 500-700 bags. The arrival already peaked in western Rajasthan, Haryana and Gujarat. Overall trend remained negative in guar complex because of bearish tone in futures on Friday.



According to a trader from Bikaner Naresh Goyal told that guar seed prices were not following single trend due to quality issue and demand dynamics. In Bikaner, new guar seed was sold at Rs. 3450-3765 per quintal. The prices gained Rs. 150 per quintal due to better quality. But upper range improved Rs. 19 per quintal because of auction on higher price. In Haryana’s Adampur mandi, guar seed was auctioned up to Rs. 3701 per quintal which was down by Rs. 91 per quintal.
Guar seed was sold in Raisinghnagar Rs. 3440-3665, Suratgarh Rs. 3561-3689, Bhachau Rs. 3600-3650, Naukha Rs. 3600-3676, Sirsa Rs. 3550-3760, Hanumangarh Rs. 3700, Bisnagar (Gujarat) 3500-3690, Rajkot Rs. 3600-3700, Shrivijaynagar Rs. 3600-3745, Rawala 3500-3650 per quintal.



Traders estimated lower arrival today in mandis due to weekend and festival mood. Mostly mandis have registered lower arrival today. Total arrival was estimated to be lower. It may be around 30000-35000 bags today. Normally, arrival was hovering at around 40,000 bags. Earlier, the arrival breached 50,000 bags also. The arrival will pick up in the days to come because newer mandis of other guar producing areas also noted new guar seed. However, the arrival was mere symbolic but it will pick up soon.



Market source told that overall sentiments were not good but millers were coming for buying. If guar gum demand improves, millers will buy seed more aggressively.

Commodity

Type/Variety

17-Oct

16-Oct

Change

Jodhpur, Rajasthan

Guar Seed- Mill Rate

3875

3875

0

Guar Gum Split

6050

6100

-50

Guar Gum Powder

6000-7000 Viscosity (Drill Grade)

8200

8200

0

Guar Gum Powder

5000-6000 Viscosity (Food Grade)

7400

7400

0

Guar Korma

4100

4100

0

Guar Meal (Choori)

3100

3100

0

Jaipur, Rajasthan

Guar Seed- Mill Rate

3850

3850

0

Guar Gum Split

6025

6050

-25

Bikaner, Rajasthan

Guar Seed- Loose

3450-3765

3300-3746

19

Sri Ganganagar, Raj

Guar Seed-Loose

3400-3710

3300-3746

36

Hissar, Haryana

Guar Seed- Loose

3560-3680

3560-3700

-20

Guar Gum Split

6040

6100

-60

Adampur, Haryana

Guar Seed-Loose

3620-3701

3620-3792

-91

(By Commoditiescontrol Bureau: +91-22-40015505)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Mixed Trend Prevails In New Guar Seed Prices, Gum Reach...
Spot Guar Complex Maintains Uptrend, Higher Gain In Gum...
Guar Seed Breaches Rs. 4000/Q In Rajasthan Mandis; Spot...
Spot Guar Complex Soars Higher Tracking Futures, Export...
Spot Guar Gum, Seed Turns Head Higher Tracking Robust F...
more
Top 5 News
Mustard Seed Breaches Rs. 6000/Q In Jaipur, All Factors...
Mixed Trend Prevails In New Guar Seed Prices, Gum Reach...
Cotton Prices Hold Steady in A.P-Telangana due to Restr...
Karnataka Cotton Prices Hold Steady as Arrivals Stagnat...
Arrivals Drop in M.P Due to Dull Demand; Prices Unchang...
Top 5 Special Reports
USD/INR (Oct 20) Consolidating Near Resistance at 73...
USD/INR (Oct 20) Relief Rally Underway / Next Resist...
USD/INR (Oct 20) Consolidating Near Short-term Suppo...
USD/INR (Oct 20) Consolidating Near Short-term Suppo...
Weekly: Major Pulses Plunge This Week On Govt Intervent...
Copyright © CC Commodity Info Services LLP. All rights reserved.